Looking to diversify beyond LGOV? The ETFs below have the lowest correlation with LGOV — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LGOV.
Best Diversifiers for LGOV
1133 ETFs have low correlation with LGOV (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.41 | -0.44 | 61 | Leveraged Currency | LGOV vs YCS | |
| Fidelity Managed Futures ETF | -0.32 | — | — | 64 | Systematic Trend | LGOV vs FFUT | |
| VanEck Commodity Strategy ETF | -0.27 | -0.13 | — | 55 | Commodities | LGOV vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.11 | -0.10 | 70 | Commodities | LGOV vs FAAR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.24 | -0.21 | -0.21 | 99 | Ultrashort Bond | LGOV vs CSHP |
See all 2061 diversifiers for LGOV
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Diversification Analysis
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